We’ve all heard the stories of the property investor with heaps of properties. Apartments & units for income. Some townhouses and development here or there.
Sounds good… right?
Welcome to the fourth episode in Rask’s Property Investor podcast mini-series on The Australian Investors Podcast, featuring Owen Rask and Wealthful founder and mortgage broker Chris Bates.
In this podcast, Chris Bates and Owen Rask talk about the weaknesses and issues involved in building a big portfolio of properties.
Watch it now on YouTube
Listen on your favourite podcast app
This is part 4 of 5 of our property investing mini-series.
In episode four, Chris Bates and Owen Rask detail why owning multiple investment properties, over just a couple, can be a problem. The investors discuss:
- You need high incomes
- Building equity smart is essential
- You’ll need trusted advisers: brokers, accountants, advisers & advocates
- Buying in quality areas is a must
- There’s a need to constantly/carefully manage debt loads throughout the cycle
Chris also talks at length about interest-only (IO) versus principal & interest (P&I), which property to sell first in case of emergency and why people use SMSFs.
Take Owen’s brand new Value Investor Program, which gives you all the tools and knowledge you need to invest successfully in companies, including valuation spreadsheets, investing checklists and ASX company case studies. Get $100 off at checkout using the code: VALUEINVESTOR.
Join The Intelligent Investor & save
This podcast is brought to you by The Intelligent Investor, Australia’s premier investment research membership service. Use the code “RASK”, to get $100 off your annual membership or get a free 15-day trial (no credit card details required):
➜ Join the discussion on Twitter
Date recorded: 8th of April 2022